Economy, Banking and Finance · 3 September 2026

National Payments Corporation of India (NPCI) records highest-ever UPI transaction volume of 24.51 billion in August

Exam-focused facts from the 3 September 2026 current affairs briefing.

Key facts

  • National Payments Corporation of India (NPCI) processed a record 24.51 billion UPI transactions in August 2026.
  • The total value of UPI transactions in August 2026 stood at Rs 29.82 lakh crore, up 20% year-on-year.
  • UPI transaction volume grew 3.6% month-on-month and 22% year-on-year in August 2026.
  • The value of UPI transactions in August 2026 was marginally below the record monthly value of about Rs 29.9 lakh crore recorded in May and July 2026.
  • UPI is now accepted in 11 countries, with Uzbekistan being the latest addition.